Technological Universities Act 2018
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Provisions consequent upon transfer of functions, assets and liabilities to technological university | ||
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51. (1) Anything commenced and not completed before the appointed day by or under the authority of the dissolved body may, in so far as it relates to a function of the dissolved body transferred by this Act, be carried on or completed on or after the appointed day by the technological university. | ||
(2) Every instrument made under an enactment and every document (including any certificate) granted or made by the dissolved body shall, if and in so far as it was operative immediately before the appointed day, have effect on and after that day as if it had been granted or made by the technological university. | ||
(3) References to the dissolved body in the constitution of any company and relating to a function transferred by this Act shall, on and after the appointed day, be construed as references to the technological university. | ||
(4) Any money, stocks, shares or securities transferred by section 48 that, immediately before the appointed day, were standing in the name of the dissolved body shall, on and after that day, on the request of the technological university, be transferred into the name of the technological university. | ||
(5) A certificate signed by the Minister that any property, right or liability has or, as the case may be, has not vested under section 48 or 49 in a technological university shall be sufficient evidence, unless the contrary is shown, of the fact so certified for all purposes. |